the obama loan modification latest news


Tales from the Field: A Homeowner Who Fought Foreclosure and Won - RisMedia.com (press release)


RisMedia.com (press release)

Tales from the Field: A Homeowner Who Fought Foreclosure and Won
RisMedia.com (press release)
The ordeal isn't over yet. The eviction was stopped and her bank canceled the foreclosure because of the possibility that the loan would be modified to make it more affordable. But Mena continues to negotiate with the bank over loan terms.

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More about Tales from the Field: A Homeowner Who Fought Foreclosure and Won - RisMedia.com (press release)
Obama Plans Assistance for Rentals, Mortgage Refinancing - BusinessWeek


Politico

Obama Plans Assistance for Rentals, Mortgage Refinancing
BusinessWeek
Borrowers, even those who owe more than their homes are worth, would be able to refinance into loans guaranteed by the Federal Housing Administration. To pay for the program, Obama will ask Congress for a tax on financial companies with more than $50 ...
Obama unveils plan on housingArizona Republic
Obama announces more details on refinancing for underwater homeownersAZ Central.com (blog)
Obama proposes refinancing planCNNMoney
LoanSafe
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More about Obama Plans Assistance for Rentals, Mortgage Refinancing - BusinessWeek
Realtor: Banks have no incentive to avoid foreclosure - Yuma Sun


Realtor: Banks have no incentive to avoid foreclosure
Yuma Sun
BY DARREN DARONCO - SUN STAFF WRITER In 2009, President Barack Obama unveiled a loan modification program designed to help struggling homeowners restructure their mortgages and keep their homes. But after nearly three years and billions of dollars ...


More about Realtor: Banks have no incentive to avoid foreclosure - Yuma Sun
HAMP Loan Program Expands, Too Little Too Late - Huffington Post


Chicago Tribune

HAMP Loan Program Expands, Too Little Too Late
Huffington Post
The federal government is taking another stab at helping struggling homeowners keep their homes by expanding its failed loan modification program. Many in the housing community said they think it's too little too late. Under new guidelines for the Home ...
Mortgage modification program expanded to investors, othersChicago Tribune
Obama administration to extend and expand foreclosure relief programFox News
Obama extends mortgage help programUSA TODAY (blog)
DigitalJournal.com (press release) -Bangor Daily News
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More about HAMP Loan Program Expands, Too Little Too Late - Huffington Post
Obama Administration Expands Aid for Delinquent US Homeowners - BusinessWeek


Bloomberg

Obama Administration Expands Aid for Delinquent US Homeowners
BusinessWeek
28 (Bloomberg) -- The Obama administration, seeking to help more homeowners lower their interest rates and shed mortgage debt, will relax the rules on a federal loan- modification program and triple its incentives to banks. The revised Home Affordable ...
Obama administration bolsters homeowner lifelineReuters
US loosens mortgage aid requirementsPalm Beach Post

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More about Obama Administration Expands Aid for Delinquent US Homeowners - BusinessWeek
Obama Said to Plan Assistance for Home Mortgage Refinancing - Bloomberg


Bloomberg

Obama Said to Plan Assistance for Home Mortgage Refinancing
Bloomberg
Borrowers, even those who owe more than their homes are worth, would be able to refinance into loans guaranteed by the Federal Housing Administration. To pay for the program, Obama will ask Congress for a tax on financial companies with more than $50 ...
Obama plan aims to help borrowers refinanceDesMoinesRegister.com
Obama Uses Housing as Foil to Romney's 'Hit Bottom' StrategyBusinessWeek
Obama presses Congress to step up aid for homeownersReuters
Examiner.com
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More about Obama Said to Plan Assistance for Home Mortgage Refinancing - Bloomberg
A Face Of The Latino Foreclosure Crisis (VIDEO) - Huffington Post (blog)


A Face Of The Latino Foreclosure Crisis (VIDEO)
Huffington Post (blog)
Cristina and her husband applied for a loan modification through President Obama's program. They didn't qualify. Obama's new plan is to give "every responsible homeowner the chance to save about $3000 a year on their mortgage, by refinancing at ...

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More about A Face Of The Latino Foreclosure Crisis (VIDEO) - Huffington Post (blog)
White House proposes new help for troubled mortgages. Too little, too late? - Christian Science Monitor


Christian Science Monitor

White House proposes new help for troubled mortgages. Too little, too late?
Christian Science Monitor
McPherson has owned his home since 1974 but was recently denied a loan modification request. Three years after the foreclosure crisis began, the process to apply for a loan modification remains a bureaucratic nightmare. President Obama on Friday ...
Mortgage Modification Program Expanded to Investors, OthersLoanSafe
Obama may be right, finally: Foreclosure plan better designed for states such ...Palm Beach Post (blog)
Foreclosure prevention plan has limited impactFinancial Times
Alaska Dispatch -Orlando Business Journal
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More about White House proposes new help for troubled mortgages. Too little, too late? - Christian Science Monitor
Obama's Next Bailout - Reason Online (blog)


Reason Online (blog)

Obama's Next Bailout
Reason Online (blog)
But in the wake of changes to the federal refinance program announced in the State of the Union address last week, the Obama administration is now seeking to relax the rules on its loan modification program to increase its impact.

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More about Obama's Next Bailout - Reason Online (blog)
A homeowner who fought foreclosure and won - Kansas City Star


Press TV

A homeowner who fought foreclosure and won
Kansas City Star
The ordeal isn't over yet. The eviction was stopped and Bank of America canceled the foreclosure because of the possibility that the loan would be modified to make it more affordable. But Mena continues to negotiate with the bank over loan terms.
How "Occupy Our Homes" Can WinHuffington Post (blog)

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More about A homeowner who fought foreclosure and won - Kansas City Star